First American: Slowing Home Price Appreciation Boosted Affordability in October
Cooling home price growth in October helped boost affordability to its best level since the summer of 2022, according to the latest First American...
U.S. Home Price Growth Continued to Slow in November
U.S. home price growth decreased 0.2% in November compared with December and was up 0.7% compared with November 2024, according to First American’s latest...
Pending Home Sales Increased in November as Affordability Improved
Pending home sales increased 3.3% in November compared with October and were up 2.6% compared with November 2024, according to the National Association of...
Farewell, MortgageOrb
After two decades serving our audience of mortgage professionals, MortgageOrb is retiring the brand and sunsetting its operations.
Launched in 2007, MortgageOrb was one of...
NAR: Existing-Home Sales Up Slightly in November
Existing-home sales were at a seasonally adjusted annual rate of 4.13 million in November, an increase 0.5% compared with October but down 1.0% compared...
Redfin: New Listings Dropped in November as Would-Be Sellers Pulled Back
New listings of U.S. homes for sale fell 1.7% year-over-year during the four weeks ended December 7, the biggest decline in more than two...
Number of Mortgaged Properties in Negative Equity Increased 21 Percent Year-Over-Year
Due to home prices falling in most markets, the average U.S. homeowner lost approximately $13,400 in equity during the past year, according to Cotality.
Total...
U.S. Home Prices Increased in September But Regional Differences Are Stark
U.S. home prices increased 1.4% on an adjusted basis in September compared with August and were up 1.3% compared with September 2024, according to...
Pending Home Sales Increased in October But Regional Differences Were Notable
Pending home sales increased 1.9% in October compared with September but were down 0.4% compared with October 2024, according to the National Association of...
Existing-Home Sales Increased 1.2 Percent in October, Boosted by Lower Rates
Existing-home sales increased 1.2% in October compared with September and were up 1.7% compared with October 2024, according to the National Association of Realtors...
NAR: U.S. Home Prices Increased 1.7 Percent in Q3
U.S. home prices increased 1.7% in the third quarter, with the median national home price rising to $426,800, according to the National Association of...
Optimal Blue: Mortgage Lock Volume Fell in October
Total mortgage lock volume fell 4.2% in October compared with September but remains at the second-highest level in three years, according to Optimal Blue’s...
Rate Re-Launches Rate App to Help Reduce Home Buyer Anxiety
To help reduce the stress homeowners and homebuyers face when buying or selling a home, Rate has relaunched its Rate App, which offers more...
Clear Capital: U.S. Home Prices Decreased in Q3
U.S. home prices decreased during the third quarter compared with the second quarter but were up 2.1% compared with the third quarter of 2024,...
Mortgage Rates Increased This Week But Affordability is Slowly Improving
Mortgage rates edged up slightly this week, with the average rate for a 30-year, fixed-rate mortgage at 6.22%, up from 6.17% last week, according...
MBA: Homebuyer Affordability Improved in September
Homebuyer affordability improved in September, with the national median payment applied for by purchase applicants decreasing to $2,067, down from $2,100 in September, according...
Class Valuation Helps Land Gorilla Add AMC Category to its Inspection Marketplace
Appraisal management company Class Valuation and Land Gorilla, a provider of construction lending software, have announced an integration that adds a new Appraisal Management...
Case-Shiller: U.S. Home Prices Were Basically Flat in August
U.S. home prices increased 0.2% on a seasonally adjusted basis in August compared with July and were up 1.5% compared with August 2024, according...
Pending Home Sales Flat in September
Pending home sales were flat in September compared with August and were down 0.9% compared with September 2024, according to the National Association of...
Fed Cuts Rates 0.25 Percent But Signals That’s it for 2025
As was expected, the Federal Open Market Committee (FOMC) today voted to cut the fed funds rate by 0.25% to 3.75%-4.0%.
The FOMC is also...